Microsoft today announced that Azure API Management leaves Preview and it is available for everyone with a 99.9% SLA. Many companies and startups nowadays have providing APIs as their business model. Publish APIs more reliably, more securely, and at scale is a difficult job and Azure API Management enables them to do that.
Developers can now open doors to directly monetize digital assets, transforming it into a platform, and creating new content distribution channels across mobile devices. This service provides the tools that your organization needs to manage APIs–from provisioning user roles to creating usage plans and quotas, applying policies for transforming payloads, throttling, conducting analytics, monitoring and configuring alerts. In addition, we have enhancements with the Azure API Management REST API that enable you to automate API management operations and integrate API management with their other systems and processes.
Read more about it here.